Weekly update
Weekly Newsletter
Excepteur sint occaecat cupidatat non proident
Banks
Banks’ N1.96Trn Black Hole: Who Took the Loans, Who Defaulted, and Why the Real Economy Suffers
By Blaise Udunze Nigeria’s banking sector has entered a season of reckoning. Eight of the nation’s biggest banks have collectively booked N1.96 trillion...
‘He met with Tony Elumelu not banks’ executives,’ X user reacts to photo of Tinubu’s acclaimed meeting with bank executives
By Chioma Obinagwam Reactions have trailed a photo shared by the official X handle of President Bola Ahmed Tinubu’s Media centre Wednesday...
Why Central Bank of Nigeria increased minimum capital requirements for banks
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), had announced increased minimum capital requirements for banks. According...
Cyber attacks: Pundits task IT personnel of financial institutions on upskilling
Cybersecurity experts have urged banks and other financial institutions in the country as a matter of urgency to embark on deliberate efforts to...
Naira redesign: CBN refutes claims of NSPMC’s incapabilities, closure of banks
By Chioma Obinagwam Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), has debunked the news making rounds in a recording of...
Nigerians stage protests against shortage of new naira notes, fuel (See videos)
By Chioma Obinagwam Nigerians in some parts of the country have staged protests over the current state of the economy, which is characterized...
Momo PSB drags 18 banks to court over alleged 23bn fraud
Momo Payment Service Bank Limited (MPSBL), a banking subsidiary of MTN Nigeria has charged the Federal High Court to compel 18 commercial banks...
Tax evasion: Kogi government seals off all Union Bank branches in state
The Kogi State Government on Friday sealed off all the Union Bank of Nigeria (UBN) Branches in the state. The government said their...
Fidelity Bank gets new MD
By Chioma Obinagwam The board of directors of Fidelity Bank Plc has announced the impending retirement of Mr. Nnamdi Okonkwo, its managing director/chief...
Don't Miss
Trust Loop, Cubbes Technologies win big at Zenith Bank Tech Fair 2025
By Chioma ObinagwamZenith Bank Plc successfully concluded the fifth edition of its annual Zenith Tech Fair, themed “Future Forward 5.0: Tech for Success...
How Ebuka Onuorah was suspended as EBU-Nigeria President General over alleged embezzlement, land grabbing scandal
By Chioma ObinagwamThe Central Executive Committee of the Enugwu-Agidi Brotherly Union (EBU-Nigeria) has suspended its President General, Mr. Ebuka David Onuorah, with immediate...